European Union GDP

European Union GDP from 2010 to today. World Bank and OECD data. GDP in US dollars. The European Union's combined GDP makes it one of the world's largest economic blocs, driven by diverse industries, services, and agriculture across member states. It operates a single market with free movement of goods, services, capital, and people, enhancing competitiveness and integration. Manufacturing in Germany, services in France, and finance in countries like Luxembourg contribute strongly. Agriculture remains supported by the Common Agricultural Policy. The EU faces challenges such as energy security, demographic shifts, and geopolitical tensions, but its collective innovation, trade networks, and green transition strategies reinforce its position as a global economic power.

European Union GDP Statistics by Year